Overview
What is Wellspring Family Services?
Wellspring Family Services is a nonprofit organization based in Seattle, Washington, with a mission to end family homelessness. They have a team of 178 employees dedicated to improving employee wellbeing and productivity within client companies by offering cost-effective, responsive services. These services include mental health counseling, financial counseling, legal counseling, and child care resources. Their Employee Assistance Program (EAP) reached 240,034 employees in 2022, helping them stay employed and housed. The organization's vision is for a community where every child has a safe and stable home.
Official website here: www.wellspringfs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
Wellspring Family Services has achieved an impressive Four-Star rating from Charity Navigator, reflecting a perfect score of 100%. This rating indicates a strong focus on accountability and finance, where the organization excels in all measured areas. Key strengths include having a fully independent board and a high program expense ratio, which suggests that a significant portion of its resources is directed towards its mission-driven programs.
In terms of organizational practices, Wellspring demonstrates exemplary governance with a comprehensive conflict of interest policy, whistleblower protections, and thorough documentation of board meeting minutes. These elements contribute to a transparent operational framework that enhances trust and credibility among stakeholders.
While the organization shows exceptional financial health and leadership adaptability, the data does not indicate any notable limitations or challenges within its operations. Overall, Wellspring Family Services appears to be a well-managed nonprofit committed to its mission and effective in delivering its services.
This AI summary has been generated from information found on Charity Navigator.
Is Wellspring Family Services legitimate?
Wellspring Family Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellspring Family Services submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,018,435
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,314,577
For more financial information, click here
Official website here: www.wellspringfs.org
What is the mission statement of Wellspring Family Services?
Wellspring Family Services is dedicated to ending the cycle of family homelessness. Their vision is to create a community where every child can grow up in a safe and stable home. The organization offers an Employee Assistance Program (EAP) that helps businesses strengthen their workforce by providing affordable, responsive services. These services include mental health counseling, financial counseling, legal counseling, and child care resources, among others. By utilizing these services, employees are able to maintain their employment and housing. In 2022, Wellspring made EAP services available to over 240,000 employees of client companies.
Official website here: www.wellspringfs.org
Who is the CEO of Wellspring Family Services?
Heather Fitzpatrick is the Board Chair of Wellspring Family Services. The CEO's salary of Wellspring Family Services is $245,306 and their total compensation is $276,907.
Official website here: www.wellspringfs.org
What is the revenue of Wellspring Family Services?
Wellspring Family Services's revenue in 2022 was $31,336,006.
Official website here: www.wellspringfs.org
Who are the executives of Wellspring Family Services and what are their salaries?
The average compensation at Wellspring Family Services during 2022 was $52,433. There are 178 employees and 602 volunteers at Wellspring Family Services.
Here are 39 key members and their salaries (Wellspring Family Services's CEO's salary is $245,306 and their total compensation is $276,907):
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Official website here: www.wellspringfs.org
Where can I find the form 990 for Wellspring Family Services?
Wellspring Family Services's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wellspringfs.org
Learn more at the official website: www.wellspringfs.org
Mission Statement of Wellspring Family Services
Wellspring Family Services, a renowned organization, is committed to ending the cycle of family homelessness. With a vision of creating a community where every child has a safe and stable home, Wellspring Family Services strives to make a significant impact. The organization's mission is to provide essential services that not only help improve the wellbeing and productivity of employees but also keep them employed and housed.
Wellspring Family Services offers a comprehensive Employee Assistance Program (EAP) to organizations, enabling them to harness the strength of their workforce. This program provides employees with various cost-effective, responsive services tailored to their needs. These services include mental health counseling, financial counseling, legal counseling, and child care resources, among others. By leveraging these services, employees are better equipped to manage their personal and professional challenges, ultimately contributing to their overall wellbeing and job stability. In 2022, Wellspring Family Services made these valuable EAP services accessible to a remarkable 240,034 employees of client companies.
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Impact
October, 2024
Wellspring Family Services is dedicated to ending the cycle of family homelessness, fostering a vision where every child has a safe and stable home. Their impact extends significantly through programs that enhance employee wellbeing and productivity, particularly through their Employee Assistance Program (EAP).
In 2022, the EAP provided vital services to over 240,000 employees, offering access to mental health counseling, financial and legal advice, and childcare resources. These comprehensive offerings not only support individual employees but also create a stronger, more stable workforce. By utilizing these services, employees are better equipped to maintain their jobs and housing stability, contributing to family health and community resilience.
Wellspring's approach addresses the broader systemic issues of homelessness while directly improving the day-to-day lives of families and individuals, making a tangible difference in the Seattle community and beyond.
This information is meant to be a general summary of Wellspring Family Services. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,246
- Program Service Revenue: $19,453,509
- Gross Receipts: $31,336,006
Assets and Liabilities:
- Total Assets: $19,433,808
- Total Liabilities: $9,750,877
- Net Assets: $9,682,931
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYEE ASSISTANCE
Revenue
$18,184,354
COUNSELING SERVICES
Revenue
$1,269,155
Organization Details
Founding Year
1892
Phone
(206) 826-3050Principal Officer
Heather Fitzpatrick
Main Address
1900 RAINIER AVENUE SOUTH, SEATTLE, WA, 98144
Website
www.wellspringfs.orgNTEE Category
Code: P40Z - Human services
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